Regulatory Alerts2021-08-09
Added · Updated
Circular on Consumer Protection Regulations for Payment and Money Transfer Companies
The Central Bank of Jordan requires payment and money transfer companies to modify their electronic websites to comply with Article 26 of the Consumer Protection Instructions for Payment and Money Transfer Companies No. 3/2021. Affected entities must publish product information, fee schedules, branch details, licensing status, and the Consumer Protection Instructions on their websites. The Central Bank mandates that these companies submit supporting documentation to verify completion of these modifications.
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